European stocks rallied on Wednesday, buoyed by an interview from Ukraine’s president in which he appeared to make major concessions.
Sportswear manufacturer Adidas set out optimistic guidance for 2022, including a return to growth in China. Deutsche Post announced a new share buyback as it guided for a steady profit excluding the impact of the conflict in Eastern Europe. Volodymr Zelensky told ABC News on Tuesday that “I have cooled down regarding the question” of NATO membership and said he was open to dialogue on the fate of Eastern Ukraine republics, Donetsk and Lugansky, that Russia recognizes as independent.
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